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2.2. Complete the table provided by calculating and inserting the missing fields Sales Less Cost of Sales Gross profit Add other Income Rent Income Bad
2.2. Complete the table provided by calculating and inserting the missing fields
Sales Less Cost of Sales Gross profit Add other Income Rent Income Bad debts recovered Less Operating Expenses Salaries Rent Expense Telephone Expense Depreciation Bad Debt Operating profit before Finance cost Less Interest paid Profit before Income Tax Less Income tax Net Profit 1 580 ooo (305 786) 10500 500 (210 000) (12 000) (6 000) (15 000) (5 020) Total (18 000) (202 500) 2.2. Complete the table provided by calculating and inserting the missing fields.
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